this post was submitted on 28 Jan 2025
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[–] bobs_monkey@lemm.ee 19 points 1 week ago (7 children)

Y'all know why the US is freaking out about Chinese innovation? Because America decided stock prices were of the utmost importance and stopped innovating a long time ago. They really only pissed off because China is playing a different game (the game we originally stomped them at) and kicking our asses in the process. Maybe if we stopped playing the market and started making good shit again, we'd have less to complain about.

[–] yogthos@lemmy.ml 5 points 1 week ago (1 children)
[–] davel@lemmy.ml 4 points 1 week ago* (last edited 1 week ago)

That site seems to be down. https://web.archive.org/web/20241223232809/https://americanaffairsjournal.org/2021/08/the-value-of-nothing-capital-versus-growth/

And in today’s America, that would require extraordinary and unprecedented magnanimity on the part of the oligarchs.

“In today’s America” nothing: the oligarchs wrote the constitution over two centuries ago, so their ascendancy is baked in.

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